
My Nifty Target for September 6, 2011 is
If opened at between 5010 to 4980 going short would be a wise decision
4960 is posing good support and below 4910 there is clear down trend at least for this week
Looking at world clue Nifty may opened at gap down and then try to fill the gap created in upmove
Stoploss for any long should be 4940
Stoploss for any short should be 5020
Nifty opened in middle of the expected area i.e 4993 now one can book profit at 4955
ReplyDeletetotal gain (4995 to 4955 = 40 points)
Restlessness paidoff in the form of losing more than 200 points till now.
ReplyDelete